Tagged: binance

Binance Pay and xMoney to Expand Crypto Accessibility Across European Markets

The partnership between Binance Pay and xMoney, a Web3 payment provider in Europe, highlights the growing significance of web3 technologies in streamlining payments. xMoney operates within a “regulated” framework, complying with the EU’s MiCA regulations. With this partnership, Binance Pay’s merchant network has “grown to… Read More

Digital Assets Exchange Binance Obtains Authorization to Offer Services in Uzbekistan

Binance are pleased to announce that it has reached an agreement with the National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP), which confirms compliance with all applicable local regulatory requirements and authorizes the platform to “provide services to Uzbekistani residents under a… Read More

Binance Labs Invests in Web3 and DeFi focused THENA

In a move that affirms its commitment to enabling Web3 innovation, Binance Labs announced an investment in THENA, which is described as a decentralized exchange and liquidity protocol introduced back in January of 2023. THENA, built on the BNB Chain, leverages the ve(3,3) tokenomics model… Read More

Binance Reportedly Obtains Regulatory Authorization in Brazil

In a development that underscores Binance’s commitment to adhering to   regulatory standards globally and regionally, they claim to have secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous nation. According to the update… Read More

Global Fintech Circle and Binance to Enable Stablecoin USDC and Crypto Adoption

Crypto industry firms Circle Internet Group Inc. and Binance have joined forces in a partnership announced at Abu Dhabi Finance Week that will expand adoption of USDC and support the development of the global digital assets and wider financial services ecosystem. With the growth and… Read More

Binance Touts Funds Inflow Compared to Competitors

Binance, the long-time largest crypto exchange in the world, says it is currently on track to generate almost 40% higher inflows than the total of the next 10 crypto exchanges combined. Binance also claims to be the first centralized exchange to surpass $100 trillion in lifetime… Read More

Binance Labs Invests in Brevis to Enable Use Cases with Off-Chain, Verifiable Computation Solutions

Binance Labs has reportedly invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such… Read More

Binance Introduces New Privacy Center Featuring Easy Data Access for Improved User Privacy

Binance has launched a new privacy center, which reportedly features easy data download for enhanced user privacy. To empower users with a greater degree of control over their personal data, Binance has launched a feature that consolidates various tools for exercising privacy rights in one… Read More

Binance Introduces Wealth Management Solution for HNWIs Looking to Gain Exposure to Digital Assets

Binance, the blockchain ecosystem “trusted” by 230 million+ users worldwide, announced Binance Wealth, the crypto exchange technological solution for wealth managers. Binance Wealth allows wealth managers to oversee the onboarding of their clients and make investment recommendations, allowing clients to receive support during onboarding and… Read More

Binance Connect Now Offers Web3 Firms a Fiat On And Off-Ramp Integrated into Digital Assets Ecosystem

Digital assets firm Binance is introducing Binance Connect. The revamped Binance Connect offers Web3 businesses a fiat on and off-ramp solution fully integrated into the Binance ecosystem, allowing users to buy and sell crypto directly from their Binance accounts via DeFi wallets such as Trust… Read More

SEC Refers to Solana (SOL) and Polygon as Securities, As Industry Participants Seek Regulatory Clarity

tZERO pointed out that the SEC recently referred to Solana and Polygon as securities. tZERO recently noted that it happens to be one of the only two licensees for a regulated special purpose broker-dealer digital asset security custodian and specializes in compliant digital securities. The… Read More

Binance Labs Announces Investment in AI and Predictions Markets focused Ecosystem Sophon

Binance Labs has reportedly made an invested in Sophon, which is described as an ecosystem for apps focused on the gaming sector, social, AI, prediction markets and a range of other use-cases. With the vision of changing how users live, play, create, and connect in… Read More

Binance Incorporated into Argentina’s Virtual Asset Service Providers Registry by National Securities Commission

Binance reveals that it has been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking the digital asset exchange’s 20th regulatory milestone internationally and expanding its suite of crypto and blockchain / Web3 services to Argentina-based consumers. This… Read More

Binance to Enhance Digital Assets Trading Experience with New Initiative

Binance is enhancing the trading experience with First-in-Market Token Unlock and a vesting schedule. Integration of CoinMarketCap data into Binance allows users “to conveniently view token unlock schedule and make more informed decisions.” Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by… Read More

Binance Labs Invests in OpenEden to Enable Growth of Tokenized Real-World Assets (RWAs) in DeFi

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a real-world assets (RWA) tokenization investment platform building the bridge to a new financial system. OpenEden as a group consists of a Monetary Authority of Singapore-licensed fund management company and a… Read More

Blockchain Tech Allows Fintechs to Bypass Traditional Banking Systems, Slashing Fees, Enabling Seamless Transfers – Report

Binance has released an update entitled, Blockchain in the Modern Payments Landscape: Synergy and Transformation. Binance Research has shared that key takeaways as follows: This Binance Research report looks at “the state of modern payments, its main pain points, and how blockchain payments can address… Read More

Crypto Exchange Binance to List MiCA-Regulated Stablecoin Eurite (EURI)

Binance says it will be listing Eurite (EURI) and introduce EURI zero trading fee promotions as well. Binance reminds users to do their own research before making any trades for the aforementioned token outside Binance in order “to avoid any scams and ensure safety of… Read More

Binance Helps Hong Kong Police in Kidnapping Case

Global crypto exchange and digital asset innovator Binance has received a letter of appreciation from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force (HKPF). The letter was in recognition of their assistance in a kidnapping case. According to the letter signed… Read More

Binance Reports Global Regulatory Milestone with Registration in India

Binance has reportedly achieved its 19th global regulatory milestone with registration in India. As part of their ongoing efforts to uphold regulatory standards, Binance says it is pleased to announce that firm has “registered as a reporting entity with India’s Financial Intelligence Unit (FIU).” This… Read More

Binance Reports Reclaiming $73 Million in Stolen Funds

Binance is reporting that it has reclaimed more than $73 million in funds pilfered by hacks. The Binance security team is said to have recovered the funds as of July 31st, topping the $55 million recovered in 2023. Binance touts that it has partnered with… Read More

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